Are Jacksonville home prices expected to drop further?

Nobody can honestly promise a specific direction. Prices are down modestly year over year, not falling sharply, and the market is described as balanced to slightly seller-favoring by most current reporting — not a buyer's market in the way the term usually implies.

How many days does it actually take to buy a house in Jacksonville right now?

It depends heavily on the specific home. Current data shows a real split: well-priced homes in strong areas can go under contract in under two weeks, while others sit for three months or more. The citywide average sits somewhere in between and can be misleading on its own.

Is Jacksonville still a buyer's market or a seller's market?

Most current data puts it close to balanced, with a slight lean toward sellers overall — but this varies meaningfully by neighborhood and price point, which is why a citywide label only tells part of the story.

Should I wait for mortgage rates to drop before buying?

That's a real financial trade-off, not a simple yes or no — rates have actually trended up, not down, through this fall. A monthly-payment conversation based on your actual numbers is more useful than a guess about where rates go next.

131 N RIVER Drive, St. Augustine, FL 32095 (MLS# 746030)

131 N RIVER Drive, St. Augustine, FL 32095

$650,000

Virtual Tour

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Property Type: Residential Bedrooms: 4 Baths: 6 Square Footage: 4,617 Status: Closed

Current Price: $650,000 List Date: 11/17/2014 Last Modified: 12/19/2024

Overview

Description

The Redington is a stunning BRAND NEW home on a beautiful estate lot. It features over 4600 sqft 4 bedroom/6 baths, a loft, game room, retractable Quad Slider in the family room and a 3 car rear entry garage. The magnificent kitchen has top end cabinets/appliances, oversized kitchen island plus butler's pantry with wine cooler. The home is loaded with high end finishes. Higher energy efficient R-38 ceiling insulation,R-13 wall insulation and Radiant Roof Barrier guarantee low energy bills. This home is now completed. Please see documents for survey and floor plan.

Listing Details MLS# 746030

General Property Information

Bedrooms Total: 4
Bathrooms Full: 6
Bathrooms Total: 6
Living Area: 4617
Living Area Source: Plans
Year Built: 2015
Association YN: Yes
Association Fee: 200
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 3283
New Construction YN: Yes
Garage Spaces: 3
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Directions: From I-95 take exit 319 – Intl Golf Pkwy go east app. 4 miles to US 1. Cross US 1 to enter community. Travel to circle, right @ S. Loop Pkwy. After guardhouse make a right on N. River Dr. Home on rt.
Public Remarks: The Redington is a stunning BRAND NEW home on a beautiful estate lot. It features over 4600 sqft 4 bedroom/6 baths, a loft, game room, retractable Quad Slider in the family room and a 3 car rear entry garage. The magnificent kitchen has top end cabinets/appliances, oversized kitchen island plus butler's pantry with wine cooler. The home is loaded with high end finishes. Higher energy efficient R-38 ceiling insulation,R-13 wall insulation and Radiant Roof Barrier guarantee low energy bills. This home is now completed. Please see documents for survey and floor plan.
List Price/SqFt: 147.26
Sold Price/SqFt: 140.78

Property Features

Approx Parcel Size: .25 to .5 Acre Property Condition: Under Construction Appliances: Dishwasher; Disposal; Electric Range; Electric Water Heater; Microwave Interior Features: Breakfast Bar; Breakfast Nook; Eat-in Kitchen; Entrance Foyer; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Other Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Security System Owned; Smoke Detector(s) Construction Materials: Frame; Stucco; Other Patio And Porch Features: Front Porch; Patio; Porch Pool Features: None Roof: Shingle Parking Features: Attached; Garage Lot Features: Sprinklers In Front; Sprinklers In Rear; Wooded Current Use: Residential; Single Family Association Amenities: Basketball Court; Clubhouse; Community Pool; Fitness Center; Golf Course; Jogging Path; Playground; Tennis Court(s); Trash Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2014-11-17

Location Tax and Legal

Street Number: 131
Street Direction Prefix: N
Street Name: RIVER
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32095
MLS Area Major: 312-Palencia Area
Subdivision Name: Palencia

Status Change Information

Major Change Timestamp: 2023-11-13T20:50:16Z
Major Change Type: Price Reduced
Price Change Timestamp: 2015-08-25T15:24:13Z
Purchase Contract Date: 2015-08-30
Close Date: 2015-11-03
Close Price: 650000

Historical Information

Public Historical Remarks 1: Utilities-Underground: Y, Mandatory Fees: Y, Utilities-Separate Irrigation Meter: Y, Dining-Kitchen/Family Combo: Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y, Structure Builder: Drees, Seller May Pay Closing: Y
Public Historical Remarks 2: Common Club Amenities-Club Facilities: Y, Covenants/Restrictions: Y, Builder Warranty: Y, Energy Features-Ridge Vents: Y, Energy Features-Exhaust Fans: Y, Bath-Garden Bath: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Structure Slab: Y
Public Historical Remarks 3: Occupant Type: Appointment, See ShowingAssist, See Private Remarks, Vacant, Gated

More Information

Room Information

Room Name	Length	Width	Remarks
Office
Loft
Utility Room
Other	13.75	15.00	Breakfast Room
Bonus Room	13.16	11.00	Study
Kitchen	13.75	18.00
Other	18.00	18.00	Game Room
Other	23.91	14.08	Loft
Family Room	19.00	19.00
Primary Bedroom	15.75	18.83
Bedroom 1	13.58	12.00
Bedroom 2	13.50	12.00
Bedroom 3	11.00	15.08
Dining Room	14.91	12.33	Separate Dining Room

Listing Office: DREES REALTY

Last Updated: December - 19 - 2024

Information deemed reliable but not guaranteed.